10:31 04.02.2016

One of top priorities of NAB not to allow reduction of value of state-owned companies

1 min read
One of top priorities of NAB not to allow reduction of value of state-owned companies

One of the top-priority tasks of the National Anti-Corruption Bureau of Ukraine (NAB) is not to allow the reduction of the value of state-owned enterprises in the privatization process and stop money laundering, NAB Director Artem Sytnyk said at a meeting with a delegation of the heads of parliaments of Northern Europe and Baltic states in Kyiv.

"Why do we pay large attention to corruption at state-run enterprises? Due to privatization. Now state funds are being removed via offshore and blank check companies and the value of state-run enterprises for their privatization is reduced. Our task is to stop this," Sytnyk said.

He said that the audit is to be conducted to reveal possible violation of law during the privatization of state-run enterprises after the completion of the privatization process.

He said that the loss of state-owned enterprises in Ukraine is gradually falling, and the situation in combating corruption is evidence of this.

"Public attention is fixed on the operation of state-run enterprises, including the attention of civil society and media. There are many journalists' materials that give grounds for further investigations by the NAB," Sytnyk said.

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